WASHINGTON (dpa-AFX) - Avis Budget Group Inc. (CAR) reported that its third-quarter net income was $82 million or $0.65 per share, down from $90 million or $0.73 per share in the same quarter last year.
Excluding Certain Items, net income per share increased to $1.02 from $0.78 in the year ago quarter.
Net revenues for the quarter rose to $1.62 billion from $1.51 billion in the prior year quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.98 per share on revenues of $1.60 billion. Analysts' estimates typically exclude special items.
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